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Citigroup Inc. Message Board

  • kc1956 kc1956 May 15, 2007 10:27 AM Flag

    Ridiculous-All Financial Positve Except C

    Citi has turned negative--the other financials continue to move higher--it is definitely time to get rid of Prince and his crew--they have collected fat checks but have not deliversd. The BOD needs to open its eyes and be responsible--the stock continues to falter. The investors have voted a lack of confidence in the stock

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    • Cramer suggested a few weeks ago that Bob Rubin and the board would give Prince at least until the end of the year to show results.

      That would be a terrible mistake. Prince has totally lost the confidence of shareholders. And I believe his plan to consolidate the back office functions of different businesses will actually destroy value, because ultimately those businesses will be broken up.

      Bob Rubin needs to get off of his ass and fire Prince now! Rubin can take the position of Interim CEO, if necessary.

    • Asking an attorney for a "strategic vision" is like asking them for a written opinion...it's rare they deliver. Get a business person in hear to run this thing. NOW!

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